Can Reddit Day Traders Crash JP Morgan Short Squeezing Silver?
The Atlantis Report:
Can Reddit Day Traders Crash JP Morgan Short Squeezing Silver ?!
Jan 29, 2021
A decentralized Reddit forum called WallStreetBets is causing chaos on Wall Street. The WallStreetBets a longstanding subreddit channel where over 4 million users discuss highly speculative trading ideas and strategies, briefly went private on Wednesday in response to millions of new users pouring in.
The Reddit subgroup is operating now by invitation only. WallStreetBets crushes hedge funds and crashes trading apps by creating major short squeezes.
A short squeeze happens when a price increase for an asset prompts a rush in buying activity by those who previously bet that prices would fall.
A short squeeze might sound complicated, but it’s actually a relatively straightforward process. When institutional investors short-sell a stock, what they actually do is borrow a number of shares they believe will drop in value, sell them at the highest price possible and try to buy them back later at a lower price.
If they’re successful, they hand the initial borrowed amount back and pocket the difference. If the market turns against them however, and the price of the shares increase, they are forced to buy the shares back at a loss.
If the price rises dramatically within a short space of time, it can cause devastating losses for the short-seller.
Major hedge funds have already lost around 7 billion dollars to WallStreetBets day traders short squeezes. WallStreetBets traders are not stopping here; they are now turning to silver for their next short-squeeze target after being restricted from hot stocks like GameStop and AMC.
Silver has become a new target for Reddit day traders after multiple posts on the infamous WallStreetBets subreddit .
For the full transcript go to https://financearmageddon.blogspot.com
Blinken: The work and change taking place in Baghdad is surprising and admirable
Saturday 14 December 2024 10:41 | Politics Number of readings: 254 Baghdad / NINA / US Secretary of State Antony Blinken expressed his astonishment and admiration for the work and change taking place in Baghdad.
Blinken said in a speech to reporters after leaving Baghdad: "There is important work that has been done to ensure that Iraqis receive the necessary services to build a better life."
Good Afternoon Dinar Recaps,
US SENATOR: NEW TREASURY SECRETARY WILL CHAMPION DIGITAL ASSETS
A senator hails Scott Bessent as a champion for digital assets, backing his Treasury Secretary nomination to advance a Strategic Bitcoin Reserve and reshape U.S. fiscal policy.
The Pro-Crypto Leader Poised to Shape US Fiscal Policy
U.S. Senator Cynthia Lummis (R-WY) has voiced firm backing for President-elect Donald Trump’s selection of hedge fund manager Scott Bessent as the next Treasury Secretary. Last month, Trump nominated Bessent to succeed Janet Yellen as the 79th U.S. Treasury Secretary.
US Dollar will Look Like Pump and Dump Stock
David Lin: 12-13-2024
In recent discussions around the health and future of the U.S. dollar, Morgan Lekstrom, President and Director of NexGold Mining Corp., shared a striking perspective, suggesting that the dollar could resemble a “pump and dump” stock.
This metaphor implies a volatile and deceptive cycle wherein the value of the dollar is artificially inflated only to be discarded quickly, leaving investors vulnerable to significant losses.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 14 Dec. 2024
Compiled Sat. 14 Dec. 2024 12:01 am EST by Judy Byington
Global Currency Reset:
Judy Note: No one knows the exact timing for notification of Tier 4b (Us, the Internet Group) to make their redemption/ exchange appointments. Iraq has(allegedly) long passed their HCL Law (which was needed to establish the Dinar Rate based on oil prices). The US and Canada started (allegedly) paying VIPs on Wed. 4 Dec, Thurs. 5 Dec, and Fri. 6 Dec. The Iraqi Dinar was (allegedly) being paid at $3.49 in-country. On Tues. 3 Dec. Kurdistan was (allegedly) using the Dinar in-country at a $3.28 rate. Rumor was that the Dong had also revalued and had an unknown in-country rate.
Weekend News With MarkZ
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
MZ: It is finally the weekend! You guys know the drill, we spend the first 45-60 minutes talking with Matt and Lucus at CBD Gurus today. We dive into the news of the day afterwards
Member: GM Mark, Mods and Family! Are we there yet?
Member: I'm wondering how many of the people in here believe that this is our weekend?
The Most Insolvent Bank In The History Of The World Is. …..
Notes From the Field By James Hickman (Simon Black) December 12, 2024
As the 1800s came to a close and the world propelled itself full of innovation and optimism into the 20th century, there was perhaps nowhere else on the planet more admired and envied (except for the United States) than Argentina.
In fact, just like America in the late 1800s and early 1900s, Argentina was overflowing with immigrants from all over the world looking for a better way of life in that land of opportunity.
Good Morning Dinar Recaps,
BRICS NEWS: CALLS TO MOVE AWAY FROM THE US DOLLAR IS GROWING
A handful of developing countries are inspired by the BRICS alliance to ditch the US dollar for cross-border transactions. Emerging economies are taking cues from the bloc to de-dollarize their economies and make local currencies the sole beneficiary for payments. The calls to cut ties with the US dollar are growing and the White House is unable to clamp it down.
Ariel: Are we to Expect Major Announcements from Iraq?
12-13-2024
Iraqi News Update
Are We To Expect Major Announcements?
Governor Ali-Alak of the CBI came out some weeks ago and stated that there is an international anticipation to celebrate an occasion regarding their monetary reform policy.
As he has also recently said that opening channels in foreign and Arab currencies achieves stability in the exchange rate and gradually eliminates the black market.
TNT:
Tishwash: Central Bank Governor: Opening external channels with foreign currencies eliminates the black market
Central Bank Governor Ali Al-Alaq confirmed on Thursday that opening channels in foreign and Arab currencies achieves stability in the exchange rate and gradually eliminates the black market.
The media advisor of the Trade Bank of Iraq (TBI), Aqeel Al-Shuwaili, said in a statement, which was reviewed by "Al-Eqtisad News", that "the governor of the Central Bank visited the Trade Bank of Iraq and appreciated the bank's efforts to expand its customer base of importing merchants and the procedures to facilitate their transactions in a way that contributes to achieving stability in the exchange market."
KTFA:
Frank26” "AGAIN GOALS OF THE MONETARY REFORM SECURITY & STABILITY"......F26
Opening of a dollar exchange outlet at Kirkuk International Airport
12/22/2024 Kirkuk/
The Executive Director of Kirkuk International Airport, Abdul Samad Al-Kubaisi, opened an outlet to sell foreign currency (dollars) to travelers at the airport, at the official rate of 132 thousand dinars per 100 dollars.
Al-Kubaisi stressed: "The step of opening a new outlet at the airport will have positive effects, especially since it takes a short time for the traveler to get his need for dollars," noting: "The work of exchange companies at the airport will be monitored by the Central Bank of Iraq." LINK